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Updated: 13 min 9 sec ago
Boosting the federal minimum wage to $10.10 as President Obama and Democrats in Congress have proposed could cost the economy half-a-million jobs, a CBO report shows.
Eminence Capital, a major shareholder in Jos. A. Bank Clothiers, said Tuesday the suit seller’s $825 million deal to acquire Eddie Bauer is a poor strategic fit for the company.
A glitch with United Airlines’ passenger reservation was restored Tuesday afternoon after delaying hundreds of flights throughout the morning.
The data breach that compromised 40M payment cards used by Target shoppers has cost banks and credit unions more than $200 million.
Shares of home builders extended losses, before staging a modest rebound, after data released Tuesday morning showed that a gauge of sentiment among builders had plunged this month.
The number of consumer defaulting on their credit card payments is expected to remain near historical lows for the foreseeable future.
The experts say communication is the most important leadership skill. Here’s why the experts are wrong.
BlackBerry shares rose more than 6 percent in early trading on Tuesday after investor Daniel Loeb's Third Point hedge fund disclosed it had bought 10 million shares in the smartphone maker and technology company.
Boeing will locate a new factory for building the wings of its forthcoming 777X jet in Everett, Washington, where it builds 777 jetliners.
Gold moved lower on Tuesday after a three-day rally that pushed it over $1,332 an ounce, but prices remained within reach of a 3-1/2 month high due to persistent concerns over global economic growth.
The Cheerios maker reaffirmed its fiscal 2014 earnings guidance but warned the devaluation of the Venezuelan bolivar would likely put results at the low end of the range.
A J.P. Morgan Chase employee died Tuesday after he fell from the roof of the company’s Asian headquarters in Hong Kong.
The specialty chemicals maker agreed to sell its water technologies business to private investment firm Clayton, Dubilier & Rice on Tuesday in a deal valued at $1.8 billion.
Anadarko agreed to sell its China unit to Brightoil Petroleum for $1.08 billion, as the oil and gas company reshapes its portfolio of oil-field assets.
King Digital Entertainment, the maker of the popular "Candy Crush Saga" smartphone game, said it filed for an IPO of up to $500 million on the New York Stock Exchange.
Homebuilder confidence suffered its largest one-month drop ever, hit by this winter's severe weather and worries about labor and lots costs.
Actavis said it will acquire Forest Laboratories in a cash-and-stock deal valued at $25 billion, creating a specialty pharmaceuticals heavyweight.
A gauge of confidence among home builders plunged in February, dropping to the lowest level in nine months, led by weaker views on present sales of single-family homes, according to data released Tuesday.
Shares of BlackBerry rallied more than 3% to $9.28 Tuesday morning on news that Third Point, led by billionaire fund manager Dan Loeb, has taken a 10-million-share stake in the struggling mobile device company.
The U.S. stock market opened slightly higher on Tuesday after a weaker-than-expected manufacturing report in the New York state region showed more evidence of lost momentum in the economy.